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Stock analysis Radhika Jeweltech Limited RADHIKAJWE

More indepth analysis on MunafaSutra.com

Moving Averages for Radhika Jeweltech Limited

  • 5Day Average: 65.08
  • 12Day Average: 67.19
  • 20Day Average: 65.93
  • 50Day Average: 65.83
  • 100Day Average: 56.9
  • 150Day Average: 51.69
  • 200Day Average: 47.71

RADHIKAJWE Indicators & signals

Indicator MACD (12,26,9)

66.01, 65.59, 0.81
Indicator MACD is in positive zone

Indicator ADX (14)

1.37, 20.9, 20.34
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 62
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RADHIKAJWE Radhika Jeweltech Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 65.00 63.15 to 65.45 -0.69% 0.52 times
18 Thu Apr 2024 65.45 64.85 to 67.25 -0.46% 0.61 times
16 Tue Apr 2024 65.75 62.95 to 66.90 2.98% 0.81 times
15 Mon Apr 2024 63.85 61.50 to 65.30 -2.3% 1.09 times
12 Fri Apr 2024 65.35 65.10 to 67.20 -2.46% 0.61 times
10 Wed Apr 2024 67.00 66.40 to 69.80 -1.33% 0.81 times
09 Tue Apr 2024 67.90 66.40 to 69.00 0.15% 0.61 times
08 Mon Apr 2024 67.80 67.45 to 72.45 -3.07% 1.6 times
05 Fri Apr 2024 69.95 68.80 to 70.50 -0.43% 1 times
04 Thu Apr 2024 70.25 68.80 to 71.20 0.72% 0.88 times
03 Wed Apr 2024 69.75 67.75 to 71.70 2.27% 1.99 times
02 Tue Apr 2024 68.20 67.20 to 68.95 -0.22% 0.86 times

Technical analysis forecast for Radhika Jeweltech Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Radhika Jeweltech Limited RADHIKAJWE at this time. Stock is falling and might fall more.

It appears as if Radhika Jeweltech Limited RADHIKAJWE gave a large move recently.

Stock of Radhika Jeweltech Limited (RADHIKAJWE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Radhika Jeweltech Limited is bearish for shortterm, and stock might move down till 62.9 or till 59.4. Use a stoploss of 65.85 and if the stock hits stoploss, then it can shoot up till 68.77

More indepth analysis on MunafaSutra.com